- Bitcoin price presented a buy signal on the weekly chart.
- The bullish formation came on top of the 50-week moving average.
- A spike in buying pressure could see BTC rise to $45,000.
Bitcoin price seems primed for a bullish impulse that could see it rise by more than 10%
Bitcoin price looks ready to bounce
In the following video, FXStreet’s analysts evaluate where Bitcoin price could be heading next as BTC gets ready to rebound.